If you want a read on US equity markets shut off CNBC. CNBC will not make you a dime.
If you are an owner of stocks you better be ready for a long haul.
Listening to the touts on CNBC talking their book is more than disgusting.
Ray Dalio, today from Davos, Switzerland, hit the nail on the head. Find the clip on the internet and listen. Listen very carefully.
There is a shit show of government intrusion into fair markets and the bubble has been pricked. The dislocation is broadening. Contagion is here.
As I said in this blog 5 days ago, it is just getting a start.
Parisian Family Office, Founder & CEO. Started Wall Street, '82. Drexel Burnham alum in LaJolla, CA. Founded Native American Advisors, Chippewa Partners. '95. Chippewa. Conservative. Raised on reservations. Was NYSE/FINRA arbitrator. Trading O'Neil/CANSLIM methodology at PAMELOT, TN farm, GHOST RANCH, MT, on the Yellowstone River, or CASA TULE', their winter camp in Los Cabos, Mexico. Will always be, a relentless optimist with radical gratitude.
Parisian Family Office, Founder & CEO. Started Wall Street, '82. Drexel Burnham alum in LaJolla, CA. Founded Native American Advisors, Chippewa Partners. '95. Chippewa. Conservative. Raised on reservations. Was NYSE/FINRA arbitrator. Trading O'Neil/CANSLIM methodology at PAMELOT, TN farm, GHOST RANCH, MT, on the Yellowstone River, or CASA TULE', their winter camp in Los Cabos, Mexico. Will always be, a relentless optimist with radical gratitude.
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